SBR 0.00% 1.3¢ sabre resources limited

Nickel once in a life time opportunity says BHP, page-13

  1. 521 Posts.
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    Nickel now above $18,000, and up 40% over the last 3 months.

    From the last Ann - `The Company is most encouraged by recent nickel price rises and continues to progress with the processing studies in relation to the development of the project.`

    Prise has risen a further 15% since that comment.

    Keep in mind we're talking about a company with a 2m market cap, not 200m market cap.

    On top of this, we've now got enough cash now to keep afloat, any asset sales (Namibia etc.)can be offloaded without having to accept fire-sale prices, and at the very least some basic site exploration of the new gold tenements will soon be underway.

    We only need to become a 10m company to have a 5 bagger from here.

    Time will tell...

 
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